7040 SW 63 AVE, South Miami, FL 33143
Parcel: 0940250130050 · Residential - Single Family · 1 Unit · Zoning: 0800
Assessed Value (2025)
$97,652
Property Details
Beds
2
Baths
1.5
Living Sqft
1,128
Year Built
1954
Lot Sqft
7,150
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2020-09-23
JAMES DOUGLAS SHAW → JAMES DOUGLAS SHAW TRS
2
N/Anon-market transfer
2021-09-30
JAMES DOUGLAS SHAW → JAMES DOUGLAS SHAW
Tax Assessment History
$97,652
Assessed (2025)
$569,749
Market Value
$46,930
Taxable Value
$955
Annual Tax
2024
$94,900
$498,392
2025
$97,652
$569,749
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $97,652 | $569,749 | $46,930 | $955 | $429,000 | $140,749 |
| 2024 | $94,900 | $498,392 | $44,900 | $914 | $357,500 | $140,892 |
About 7040 SW 63 AVE, South Miami, FL 33143
7040 SW 63 AVE, South Miami, FL 33143 is a 2-bedroom, 1.5-bathroom residential - single family : 1 unit built in 1954 with 1,128 square feet of living space on a 7,150 square foot lot. The property is currently owned by JAMES DOUGLAS SHAW TRS JAMES DOUGLAS SHAW REV LIV TR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
The 2025 assessed value is $97,652 with a market value of $569,749. This breaks down to $429,000 for the land and $140,749 for the building. The assessed value increased 3% from $94,900 in 2024.
The property has the following tax exemptions: homestead. The median household income in this area is $135,991, and the median home value is $787,600. The population density is 4,875 people per square mile.
There are active mortgage liens totaling $316,213 recorded against this property. 7040 SW 63 AVE, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 2020 to 2021, with 2 recorded transactions in the public record..
Current Owner
JAMES DOUGLAS SHAW TRS JAMES DOUGLAS SHAW REV LIV TR
7040 SW 63 AVE, SOUTH MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$135,991
Median Home Value$787,600
Pop. Density4,875/sq mi
Neighborhood 33143
46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
Mortgages
ACTIVE
$334,300
ROCKET MORTGAGE LLC · 2021-10-20
1 satisfied mortgage
SATISFIED 2021-06-23
$292,300
QUICKEN LOANS LLC
Est. Total Balance $316,213
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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